https://www.taxtmi.com/caselaws?id=327400 The High Court of Chhattisgarh held that interest is payable on wrongly taken Cenvat credit under Rule 14 of the Cenvat Credit Rules, 2004, irrespective of utilization. The Court ruled in favor of the Appellant, overturning the Tribunal's decision. The liability for interest arises from the improper taking of Cenvat credit, not dependent on its utilization. en-us Tue, 01 Dec 2015 00:00:00 +0530 Tue, 10 May 2016 11:33:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327400 The High Court of Chhattisgarh held that interest is payable on wrongly taken Cenvat credit under Rule 14 of the Cenvat Credit Rules, 2004, irrespective of utilization. The Court ruled in favor of the Appellant, overturning the Tribunal's decision. The liability for interest arises from the improper taking of Cenvat credit, not dependent on its utilization. Case-Laws Central Excise Tue, 01 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327400